Tax-Exempt Revenue Bond Program (EDC)

Oakland County Economic Development Corporation (EDC) is a proven, reliable partner with lenders and businesses since 1980. The Tax-Exempt Revenue Bond Program provides qualified manufacturing businesses and non-profit 501(c)(3) organizations with loans for capital expenditures. The EDC's non-profit mission is to stimulate business capital investment, contribute to the area's employment, increase local tax base, and provide needed public services.

EDC Fact Sheet for Not-for-Profits

Eligible Businesses

Manufacturing businesses and non-profit 501(c)(3) organizations in Oakland County, Michigan - except for communities with active Economic Development Corporations.

2017 EDC Highlights

Bond Recipient Orchard Lake Schools
$14,500,000 induced Projects
$11,125,000 Bond Issued

Since 1980 we have:

111 Funded Projects, 14,930 Jobs Created, $725 million in Investments

Eligible Projects

Land acquisition
Building renovation
Land improvements
Machinery and equipment
Building acquisition
Related soft costs
Building construction

For information on our SBA504 Loan Program